The EU has committed to lending €145 million (US$163 million) and the ICO up to €140 million (US$156 million) to the largest solar project under construction in Europe.
International infrastructure investor John Laing Group has closed financing on its 174.9MW Finley Solar Farm in New South Wales, Australia, which is being developed by Esco Pacific.
Acciona and Tuto Energy, who each own a 50% stake in the 404MW Puerto Libertad solar project in Sonora, Mexico, have signed a financing agreement for the project of up to US$264 million with four banks.
San Francisco-headquartered financial services provider Wells Fargo & Company has said it will provide more than US$100 billion in financing to clean technology and renewable energy transactions by 2030.
The IFC has arranged a financing package of up to US$188 million for Jordan’s largest PV plant, a 200MWac / 248MWdc project developed by Masdar Abu Dhabi Future Energy Company.
Private equity asset manager Apis Partners and its partners will provide US$60 million in funding for Greenlight Planet — a provider of off-grid solar products and financing to underserved rural populations across Africa and Asia.
A subsidiary of Reliance Capital, part of major Indian conglomerate Reliance Group, has signed an agreement to obtain INR3 billion (US$46 million) in funding from the Indian Renewable Energy Development Agency (IREDA) for lending to renewables and energy efficiency projects.
The European Investment Bank (EIB) has entered a new partnership with the International Solar Alliance and confirmed plans to provide €800 million in financing for small-scale renewable energy project investment across India.
Solar project developer ReneSola announced Wednesday that it has secured US$18 million in financing from China Kangfu International Leasing — an affiliate of State Power Investment Corporation.
